Staggers me that Twitter is substantively shaping the fate of the most powerful nation in the world, but can't turn a profit.
PE mode assumes innovation potential has been tapped out, and it's a cost game. I think most believe we're at top of iceberg.
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Innovation certainly not tapped out. Not saying PE is the way. But they do need to rein in costs, one way or the other.
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yeah certainly...big part seems to be crazed auteur experiments in crappy old media directions
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